iShares Russell 2500 ETF (BATS:SMMD) Hits New 1-Year High at $60.64

Posted by Renee Jackson on Apr 24th, 2024

iShares Russell 2500 ETF (BATS:SMMD – Get Free Report) reached a new 52-week high during trading on Monday . The company traded as high as $60.64 and last traded at $61.08, with a volume of 33527 shares traded. The stock had previously closed at $60.38.

iShares Russell 2500 ETF Trading Up 1.6 %

The business’s fifty day moving average is $63.12 and its 200 day moving average is $59.36. The firm has a market capitalization of $1.02 billion, a P/E ratio of 14.72 and a beta of 1.16.

Institutional Trading of iShares Russell 2500 ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Cresset Asset Management LLC raised its holdings in shares of iShares Russell 2500 ETF by 149.1% during the fourth quarter. Cresset Asset Management LLC now owns 509,552 shares of the company’s stock valued at $31,373,000 after acquiring an additional 305,015 shares during the period. Heritage Wealth Management LLC acquired a new stake in shares of iShares Russell 2500 ETF during the fourth quarter valued at approximately $12,576,000. International Assets Investment Management LLC acquired a new stake in shares of iShares Russell 2500 ETF during the fourth quarter valued at approximately $10,254,000. Orion Portfolio Solutions LLC raised its holdings in shares of iShares Russell 2500 ETF by 72.7% during the fourth quarter. Orion Portfolio Solutions LLC now owns 285,764 shares of the company’s stock valued at $17,300,000 after acquiring an additional 120,330 shares during the period. Finally, Coldstream Capital Management Inc. raised its holdings in shares of iShares Russell 2500 ETF by 8.4% during the fourth quarter. Coldstream Capital Management Inc. now owns 1,554,735 shares of the company’s stock valued at $95,725,000 after acquiring an additional 120,123 shares during the period.

About iShares Russell 2500 ETF

(Get Free Report)

The iShares Russell 2500 ETF (SMMD) is an exchange-traded fund that is based on the Russell 2500 index, a market-cap-weighted index of US companies ranked 501-3,000 by market cap. SMMD was launched on Jul 6, 2017 and is managed by BlackRock.